This product targets privately held for-profit companies with fewer than 500 employees and less than $350 million in assets.
No past or future plans for downsizing, layoff, merger or acquisition activity. Up to 200 employees. Sound financial condition evidenced by a shareholders' surplus and a retained earnings surplus. No directors and officers or employment practices claims or incidents in the past 5 years. The following classes:
Day care center*ManufacturerDrug rehab centerPlumberEngineerPrinter/publisherFast food restaurantReal estate agency*Fitness centerRental car agency*Furniture rental*Retail storeGarment makerSales/distributorGrocery storeSchool*Hair salonSupermarketHotel/motelTransporation/truckingJanitorialTravel agentLandscaperVeterinary clinicMaintenance
Downsizing, layoff, merger or acquisition in the past 12 months affecting 10% or more of the 201 to 500 employees. Shareholders deficit or operating losses. 1 or 2 directors and officers or employment practice claims or incident in the past 5 years. Less than 3 years in operation. The following classes: auto dealers*, consultants, property managers*, insurance agents*, Classes that are not listed in this guide.
A++ rated carrier. Separate directors and officers liability and employment practices liability limits. Employment practices liability defense outside the limit for firms with up to 200 employees. Optional fiduciary liability coverage. Entity coverage is automatically included. Unlimited extended reporting period for former directors and officers. EPL wrongful act extends to 12 named perils, including acts arising out of use of the Internet Full prior acts available. HELPLINE human resources consultation service at no charge if EPL is purchased. Automatic outside directorship liability for service on 501(c)3 Boards. Stand alone directors and officers liability policy is available. Duty to defend.
Up to $5,000,000 per coverage part providing that the EPL limit may not exceed the D&O Retentions start at $5,000.
